Danny Moses Continues to Bet Against Tesla, Sees Core Business Issues
👉 Key Highlights:
📍 Danny Moses reiterates bearish position on Tesla, amidst 32% stock decline in 2023.
📍 Cites weakening core business and diversions to robotaxis and AI as major concerns.
📍 Highlights recent workforce cuts over 10%, and looming fraud investigations.
📍 Marks August 8 robotaxi unveiling as pivotal, yet skeptical of its success.
📍 Suggests a $50 valuation per share, questioning Tesla's market cap sustainability.
📍 Tesla's stock fell 2% closing at $168.47 last Friday.
📍 Danny Moses reiterates bearish position on Tesla, amidst 32% stock decline in 2023.
📍 Cites weakening core business and diversions to robotaxis and AI as major concerns.
📍 Highlights recent workforce cuts over 10%, and looming fraud investigations.
📍 Marks August 8 robotaxi unveiling as pivotal, yet skeptical of its success.
📍 Suggests a $50 valuation per share, questioning Tesla's market cap sustainability.
📍 Tesla's stock fell 2% closing at $168.47 last Friday.
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SPACELIGHT : TSLA obviously has some serious issues.
But as the saying goes, "Show me the problem, and I'll show you the solution. " TSLA will eventually get the problems ironed out. TSLA isn't going away.